每经头条（nbdtoutiao）——海南封关首日直击：为中国探路，全球最大自贸港如何重塑开放边界？ （记者 王晓波） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每经AI快讯，新恒汇（SZ 301678，收盘价：65.33元）12月19日晚间发布公告称，公司第二届第十三次 董事会会议于2025年12月18日在公司会议室召开。会议审议了《关于开展期货套期保值业务的议案》等 文件。 截至发稿，新恒汇市值为157亿元。 ...

（文章来源：证券日报） 证券日报网讯 12月17日，奥克股份在互动平台回答投资者提问时表示，公司开展期货套期保值业务主 要是为了规避价格波动给公司经营带来的不利影响，交易品种仅限于生产经营和贸易业务相关的产品和 原材料，仅限于场内交易进行，不涉及量化交易工具。 ...

业务具体安排 根据公告，中恒电气本次拟开展的期货套期保值业务在品种、规模、期限等方面作出明确规划：业务品 种聚焦与生产经营高度相关的大宗商品，包括铜、铝、铅、锡、钢材等；交易场所限定为境内外经监管 机构批准、具备相应经营资格的金融机构；资金来源为公司自有资金，不涉及募集资金。 在交易规模上，公司设定了双重上限：一是交易保证金余额不超过2000万元，二是任一交易日持有的最 高合约价值不超过2亿元。上述额度内资金可循环使用，授权期限自本次董事会审议通过后十二个月。 指标 具体内容 交易保证金余额上限 不超过人民币2000万元 任一交易日最高合约价值 不超过人民币 20000万元 授权期限 自董事会审议通过后十二个月 资金来源 公司自有资金 来源：新浪财经-鹰眼工作室 杭州中恒电气股份有限公司（证券代码：002364，证券简称：中恒电气）于2025年12月16日发布公告 称，为应对大宗原材料价格波动风险，公司计划开展期货套期保值业务，以有效管控生产成本。公告显 示，该业务最高合约价值不超过2亿元，交易保证金余额上限为2000万元，资金将循环使用。 业务背景与核心目的 公告指出，公司开展期货套期保值业务的核心目的是" ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000751 证券简称：锌业股份 公告编号：2025-042 葫芦岛锌业股份有限公司 关于2025年第二次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 特别提示: 1.本次股东会未出现否决议案的情形。 2.本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 1．召开时间： （1）现场会议时间：2025年12月9日13:30 （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025年12月9日9:15一9:25, 9:30一11：30， 13:00一15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为：2025年12月9日9:15至15:00期间的任意时间。 2．现场会议召开地点：本公司四楼会议室 6．会议的召开符合《公司法》《上市公司股东会规则》《股票上市规则》及《公司章程》的有关规 定，合法有效。 7.出席本次会议的股东及股东代理人共612人，代表股份359,633,244股，占公司总股份的22.2596％。 其中： （1） ...

Core Viewpoint - Sany Heavy Industry (06031.HK) announced the approval of a proposal to conduct futures hedging business to mitigate the adverse effects of raw material price fluctuations on production [1] Group 1: Company Actions - The company will hold its ninth board meeting on December 5, 2025, to review the futures hedging proposal [1] - The proposal does not require submission to the shareholders' meeting as per relevant regulations [1] Group 2: Business Strategy - Sany's wholly-owned subsidiary, Sany Automobile Manufacturing Co., Ltd., will continue its futures hedging business in 2026 [1] - The hedging will involve major raw materials related to production, including steel and its raw materials, copper, aluminum, crude oil, and rubber, which have a correlated relationship with corresponding futures products [1]

Core Viewpoint - Sany Heavy Industry (06031.HK) announced the approval of a proposal to engage in futures hedging business to mitigate the adverse effects of raw material price fluctuations on production [1] Group 1: Company Actions - The company will hold its ninth board meeting on December 5, 2025, to review the futures hedging proposal [1] - The proposal does not require submission to the shareholders' meeting as per relevant regulations [1] Group 2: Risk Management Strategy - Sany Heavy Industry's wholly-owned subsidiary, Sany Automobile Manufacturing Co., Ltd., will continue its futures hedging business in 2026 [1] - The hedging will involve major raw materials related to production, including steel and its raw materials, copper, aluminum, crude oil, and rubber, which have a correlated relationship with corresponding futures products [1]

Core Viewpoint - Zinc Industry Co. plans to implement futures hedging business in 2026 to mitigate the impact of price fluctuations on its operating performance and enhance overall risk resistance [2] Group 1 - The company will hold the 17th meeting of the 11th Board of Directors on November 21, 2025, to review the proposal for futures hedging business in 2026 [2] - The estimated maximum trading margin and option premium to be utilized at any given time will not exceed 350 million RMB [2] - The trading limit will be used cyclically throughout 2026, involving key raw materials, products, and foreign exchange necessary for the company's operations [2]

Core Points - Zinc Industry Co. announced plans to increase its hedging business for 2025, with a proposed maximum investment of 70 million RMB for futures hedging operations [2] Group 1 - The company will hold its 11th Board of Directors' sixth meeting on November 26, 2024, to review the hedging business proposal for 2025 [2] - The initial proposed amount for the hedging business was set at 60 million RMB, which has now been increased to 70 million RMB [2] - The approved hedging business amount will be available for cyclical use throughout 2025, subject to shareholder approval [2]

Core Viewpoint - JinkoSolar plans to increase its futures hedging business margin limit from 660 million RMB to 1.5 billion RMB to mitigate raw material price fluctuations and enhance financial stability [1][2][5] Trading Information Summary - As of November 6, 2025, JinkoSolar's stock closed at 6.27 RMB, up 1.29%, with a turnover rate of 2.25%, trading volume of 2.2558 million shares, and a total transaction value of 1.43 billion RMB [1] - On the same day, the net outflow of main funds was 31.33 million RMB, accounting for 2.19% of the total transaction value, while retail investors saw a net inflow of 49.39 million RMB, representing 3.45% of the total transaction value [1] Company Announcements Summary - JinkoSolar's second supervisory board meeting on November 6, 2025, approved the proposal to increase the futures hedging business margin limit, which is expected to help control operational risks and stabilize operations [1][2] - The company will hold its second extraordinary general meeting on November 17, 2025, to discuss the newly proposed increase in the futures hedging business margin limit, with the record date set for November 11, 2025 [1][2] Futures Hedging Business Analysis - The proposed increase in the futures hedging business margin limit aims to reduce the impact of raw material price volatility on production costs, with a maximum contract value of 10.3 billion RMB expected to be held on any trading day [2][5] - The funding for this increase will come from the company's own funds, and the hedging activities will focus on raw materials relevant to its operations, such as copper, aluminum, silver, tin, and polysilicon [2][5] Fund Management and Regulatory Agreements - JinkoSolar signed a tripartite supervision agreement with its sponsor and three banks on November 6, 2025, to manage newly established special accounts for temporarily supplementing working capital [4] - The agreement outlines responsibilities for fund usage restrictions, periodic reconciliations, large withdrawal notifications, and rights for sponsor representatives to inspect the accounts [4]

Core Viewpoint - JinkoSolar plans to increase its futures hedging margin from 660 million yuan to 1.5 billion yuan to mitigate raw material price volatility risks, with a maximum contract value of 10.3 billion yuan per trading day [1][2] Group 1: Futures Hedging Adjustment - The adjustment of the futures hedging margin is based on the company's operational needs and aims to enhance financial stability and risk resistance [1][2] - The previous margin limit was set at 660 million yuan, approved in December 2024 for the 2025 hedging plan [1] - The increased margin will be used solely for hedging purposes related to core raw materials such as copper, aluminum, silver, tin, and polysilicon [1][2] Group 2: Risk Management and Compliance - The company emphasizes that the hedging activities will focus on risk mitigation and will not involve speculative trading [1][2] - Funding for the hedging activities will come from the company's own funds, and the margin will be available for rolling use until the 2025 annual shareholders' meeting [1][2] - The company has established multiple risk control measures, including revising the futures hedging management system and ensuring compliance through regular audits [2]